SCOTTISH HOSPITALITY ASSOCIATION

💤Zombieactive
SC192759 · private-limited-guarant-nsc-limited-exemption · incorporated 1999-01-22
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Activities of business and employers membership organisations
Sector: Other service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (1 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-08-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-09-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-07-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-07-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2019-05-10
    BUSZA, Agnieszka Stefania resigned
    secretary
  11. 2018-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-09-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2018-08-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2018-07-04
    NICHOLLS, Katherine appointed
    director
  15. 2018-07-04
    GUY, Andrew Graham resigned
    director
  16. 2017-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2016-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2016-01-28
    📄
    annual-return-company-with-made-up-date-no-member-list
    annual-return · AR01
  19. 2015-07-22
    BUSZA, Agnieszka Stefania appointed
    secretary
  20. 2015-07-15
    WATSON - GRECH, Jacqueline Sarah resigned
    secretary
  21. 2014-12-31
    PARKER, Alan Charles resigned
    director
  22. 2014-02-27
    WATSON - GRECH, Jacqueline Sarah appointed
    secretary
  23. 2013-12-20
    CHIN, Michael Toong San resigned
    secretary
  24. 2009-04-29
    CATESBY, William Peter resigned
    director
  25. 2009-04-29
    GUY, Andrew Graham appointed
    director
  26. 2006-02-01
    CHIN, Michael Toong San appointed
    secretary
  27. 2006-02-01
    HEGARTY, William Anthony resigned
    secretary
  28. 1999-01-22
    🏢
    Company incorporated
    As SCOTTISH HOSPITALITY ASSOCIATION
  29. 1999-01-22
    HEGARTY, William Anthony appointed
    secretary
  30. 1999-01-22
    CATESBY, William Peter appointed
    director
  31. 1999-01-22
    PARKER, Alan Charles appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
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Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeprivate-limited-guarant-nsc-limited-exemption
Incorporated1999-01-22
Jurisdictionscotland
Primary SIC94110 — Activities of business and employers membership organisations

Registered office

8 Duddingston Park South
Edinburgh
EH15 3PA
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (1 active · 7 resigned)

NICHOLLS, Katherine
director · ~56y · appointed 2018-07-04
View their other companies + combined net worth →
Active
BUSZA, Agnieszka Stefania
secretary · appointed 2015-07-22 · resigned 2019-05-10
Resigned
CHIN, Michael Toong San
secretary · appointed 2006-02-01 · resigned 2013-12-20
Resigned
HEGARTY, William Anthony
secretary · appointed 1999-01-22 · resigned 2006-02-01
Resigned
WATSON - GRECH, Jacqueline Sarah
secretary · appointed 2014-02-27 · resigned 2015-07-15
Resigned
CATESBY, William Peter
director · ~86y · appointed 1999-01-22 · resigned 2009-04-29
Resigned
GUY, Andrew Graham
director · ~78y · appointed 2009-04-29 · resigned 2018-07-04
Resigned
PARKER, Alan Charles
director · ~80y · appointed 1999-01-22 · resigned 2014-12-31
Resigned

Click a director name to see their full track record across all companies.

Recent filings (76 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-dormant
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-26
accounts-with-accounts-type-dormant
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-04
accounts-with-accounts-type-dormant
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-dormant
accounts · AA
2022-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-05
accounts-with-accounts-type-dormant
accounts · AA
2021-09-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-30
accounts-with-accounts-type-dormant
accounts · AA
2021-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-30
accounts-with-accounts-type-dormant
accounts · AA
2019-07-12